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How rising inequality is stalling economies by crippling demand

  • Written by Stephen Bell, Professor of Political Economy, The University of Queensland
How rising inequality is stalling economies by crippling demandAggregate demand is being hit by the concentration of income growth among the top earners and is now a drag on economic growth.Shutterstock

Rising inequality is a concern across the developed economies, including Australia where top earners’ pay has soared to a 17-year high while ordinary workers’ wage growth has been the lowest on...

Read more: How rising inequality is stalling economies by crippling demand

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